IMDH to auction Namibian marine rough diamonds in Antwerp

The International Mining and Dredging Holdings (IMDH) is set to tender its Namibian marine-mined rough diamonds in Antwerp, according to Bonas-Couzyn NV.

18 january 2019

ABN AMRO predicts uncertain future for diamond industry

The global diamond industry has moved from a relatively stable environment to a highly uncertain environment due to lab-grown diamonds, according to The Diamond Insights report published by ABN AMRO Bank recently.

18 january 2019

Signet registers drop in its sales during the holiday season

Signet Jewelers Limited, the world's largest retailer of diamond jewelry, has announced its sales results for the holiday season, that ended January 5, 2019.

18 january 2019

ALROSA earns $463 mln at international auctions in 2018

In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions for special size (over 10.8 carats) rough diamonds, receiving a total revenue of $463 million for the year.

18 january 2019

Lucapa produces 3,089 cts at Mothae as ramp-up phase ‘progresses well’

Lucapa Diamond said it produced 3,089 carats between November and December 2018 at its 70 percent-owned Mothae mine in Lesotho.

18 january 2019

India to overtake US as second biggest market for fine jewellery by end of 2018

13 september 2018
(bmmagazine.co.uk) - India set to overtake US as the second biggest fine jewellery market in the world by the end of 2018 new research finds. China remains the biggest market for fine jewellery with sales reaching USD $86.3billion by the end of 2017, and expected to reach USD$92billion by the end of this year. Overall Chinese market has grown by over 21 per cent in the last five years. According to Euromonitor International, the Indian fine jewellery market will be worth USD $62.8bn, $4billion more than US retail spend which will reach $58.6bn, by the end of 2018.